Ripple’s clash with the U.S. Securities and Exchange Commission (SEC) has been one of the most prolonged conflicts in the cryptocurrency arena, causing uncertainty for XRP holders and investors alike. Yet, this legal saga seems to be nearing its conclusion, and experts anticipate significant price movements for XRP when it ends.
So, just how far could this altcoin climb post-lawsuit?
## Legal Resolution Could Propel XRP
Within the crypto community, there’s a widespread belief that once Ripple’s legal struggle wraps up, XRP is poised for a substantial rally. Many experts argue that the lawsuit has been an anchor on XRP’s price, keeping it much lower than it might otherwise be.
When the legal fog finally lifts, XRP could reach unprecedented levels. The resolution would signal that regulatory obstacles, which have long hindered Ripple, are behind them, unlocking new potential for growth.
A recent tweet by a community expert suggested that if the case is formally resolved, XRP might soar above $10, a leap illustrated by rocket emojis for emphasis.
### Expert Insights on XRP’s Future Price
Edward Farina, a well-known voice in the crypto world, shares his outlook on XRP’s potential after the lawsuit. Farina believes that the token’s value will surge once it regains investor confidence. He stressed that resolving the SEC case would provide the clarity and security institutions need, thereby increasing broader adoption for XRP.
However, Farina warns that while reaching $10 is within the realm of possibility, many XRP holders might cash out too soon, as some have done at the $0.80 mark, potentially missing out on longer-term gains. He advises against hastily moving into undervalued stablecoins and instead suggests holding on for more significant returns.
For XRP to hit the $10 mark from its current price of $3.12, it would require more than a 200% increase. Yet, considering its spectacular 400% rise sparked by excitement over Donald Trump’s election victory from November 5 to December 3, such growth isn’t out of the question.
### Market Optimism Tied to Legal Outcomes
Regulatory clarity tends to elicit strong reactions in the crypto market. Historically, legal resolutions have sparked price rallies, and many expect XRP to follow this pattern. The case’s outcome could potentially influence perceptions beyond XRP, enhancing the appeal of the entire cryptocurrency market. A positive shift could lead to an influx of institutional and retail investments into XRP.
Image credits to Gemini Imagen, with charts from TradingView.